Telekom Slovenije Adopts Strategic Business Plan for 2022-2026

Telekom Slovenije strategic plan in 2022 is to generate operating revenues of EUR 660.6 m, EBITDA of EUR 211.2 m and bottom line of EUR 27.9 m.

Today, Telekom Slovenije adopts a strategic business plan for the period 2022-2026. The plan details implementing a new ESG model and sustainability in operations, expected market position as a market leader taking into consideration competitors aggressive pricing strategies and expected financial stability.

Group expects a drop in revenues from basic telecommunication services. Company highlights their highest market share in terms of mobile and IP TV services and second highest market share in terms of broadband, pay T and IP telephony services, but emphasizes competitor’s growth in market share due to aggressive pricing policy – which Telekom Slovenije cannot follow due to regulatory limitations. The same market situation applies for IPKO in Kosovo, where the company faces aggressive pricing strategies, while IPKO also has the highest market share and developed a strong leader brand in Kosovo.

With all said, a few main strategic objectives for Telekom Slovenije are to ensure leading market position through superior consumer experience and therefore, premium prices, stabilization of revenues from core activities in Slovenia, digitalization of operations which will improve operational efficiency and financial stability in the future period trough optimization of cost structure.

Telekom Slovenije’s plan for 2022 is to generate operating revenues of EUR 660.6 m, EBITDA of EUR 211.2 m and net profit of 27.9 m. Company expects future investments in 2022 to amount to EUR 203.1 m.

InterCapital
Published
Category : Flash News

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